Advertisements
Advertisements
Question
Answer in brief.
What are the circumstances under which correspondence can be made with debenture holders?
Advertisements
Solution
Debenture holders are the creditors of the company. They have the right to know about the decisions taken by the management of the company and other information. The secretary corresponds with the debenture holders under various circumstances. The following are the few circumstances under which the secretary enters into correspondence with the debenture holders:
- Informing the applicant about the allotment of debentures.
- Informing about payment of interest through:
i. Interest Warrant
ii. Electronic Mode - Letter for the conversion of debentures into equity share
- Informing the debenture holders about the redemption of their debentures.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Borrowed Capital is provided to the company by ______.
Select the correct answer from the options given below and rewrite the statement.
______ are the creditors of the company.
Select the correct answer from the options given below and rewrite the statement.
Return of income on debentures is ______ at fixed rate.
Select the correct answer from the options given below and rewrite the statement.
______ is an acknowledgement of debt issued by the company under common seal.
Write a word or a term or a phrase which can substitute the following statement.
Status of debenture holders.
Write a word or a term or a phrase which can substitute the following statement.
An acknowledgement of debt issued by the company under its common seal.
Write a word or a term or a phrase which can substitute the following statement.
Debentures whose name is mentioned in the Register of debenture holders.
State whether the following statement is true or false.
Interest on debentures is paid notwithstanding the volume of profit.
State whether the following statement is true or false.
Dividend warrants are used to pay interest to the debenture holders.
Find the odd one.
Find the odd one.
Find the odd one.
Complete the sentence.
In case of Registered Debentures, Interest ______ are used to pay interest.
Complete the sentence.
The ______has to correspond with debenture holders on important occasions.
Complete the sentence.
Debenture certificate should be issued within a period of ______ months, from the date of allotment of debentures.
Select the correct option from the bracket.
| Group ‘A’ | Group ‘B’ |
| a) Return on Debentures | 1) __________________ |
| b) Debenture certificate | 2) __________________ |
| c) __________________ | 3) Debentureholders |
| d) __________________ | 4) Debenture |
| e) __________________ | 5) Power to issue debentures |
Select the correct option.
____________ Debenture.
Answer in one sentence.
What is the income of debenture holder?
Explain the following term/concept.
Precise information
